Washington regulators submit carbon market proposal to enable 2026 linkage agreement with California-Quebec
The Washington Department of Ecology (ECY) published a regulatory proposal on Monday to enable the state’s cap-and-invest programme to link with the Western Climate Initiative (WCI).
Read MoreLNG fleet faces widening compliance divide as EU emissions costs bite -analysts
The type of engine installed on an LNG carrier is becoming the defining factor in its future competitiveness under tightening maritime emissions rules, with older vessel classes facing mounting carbon compliance costs that could accelerate their exit from the market, according to new analysis.
Read MoreRGGI Market: RGAs retreat following May contract expiration, ahead of Q2 auction
RGGI Allowance (RGA) futures retreated to the lower half of the $40s over recent days, ahead of Wednesday’s Q2 auction, after a surge higher amid the expiration of the May-26 contract, traders said.
Read MoreExtreme wildfires persist despite low global burned area, emissions in 2025 -study
Global wildfire activity in 2025 produced the second-lowest burned area and third-lowest CO2 emissions since satellite records began in 2002, but a growing concentration of destructive fires in populated and carbon-rich regions continued to generate severe human and economic impacts, according to a review published this week.
Read MoreVCM Report: CORSIA prices struggle to recover despite hopes for post-war demand rebound
CORSIA prices failed to rebound last week, with price assessments for eligible units down by more than 12% week-on-week and benchmark ICE futures dipping below $10/tonne amid higher jet fuel prices, even as market executives expressed hope for resurgence in demand once the Middle East conflict ends.
Read MoreMajor DAC developer clinches backing for future plant in North America
The developer of the world’s largest direct air capture (DAC) facility has received backing to develop a new plant in North America alongside a mix of other carbon removal (CDR) projects.
Read MoreIsometric shortens default public comment period in latest standard update
Carbon credit registry and certification body Isometric has certified Version 2.1 of its standard, introducing a more streamlined validation process designed to accelerate the issuance of carbon removal credits.
Read MoreUS land management firm sells forest carbon credits for over $4 mln
A US-based land management company has secured just over $4 million from the sale of carbon credits generated from an improved forest management (IFM) project in Tennessee, it announced last week.
Read MoreBiomass CDR could help solve SAF supply chain “chicken-and-egg” problem, paper says
Biomass-based carbon removal could help build the feedstock supply chains needed to scale sustainable aviation fuel (SAF) production, rather than competing with biofuels for limited resources, according to a paper released last week.
Read MoreGEF approves $144 mln for climate, nature projects
The Global Environment Facility (GEF) trust fund has approved $144.3 million for 16 climate and nature-positive projects around the world that are expected to mobilise more than $828 mln in co-financing.
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